Tech mahindra
Tech mahindra

Mahindra Satyam Strengthens its BFSI Leadership Team

Aims at creating a top team as it prepares for rapid expansion


Hyderabad – April 29, 2013 – Mahindra Satyam, a leading global consulting and IT services provider, announced that it has appointed Niraj Vedwa as the Global Head - Banking, Payments and Cards.

Niraj, has over 26 years of experience in the IT industry, and close to 16 years in BFSI (Banking, Financial Services & Insurance) area. At Mahindra Satyam he will be responsible to grow & support the existing businesses and also to strategize & incubate new service offerings in the above market segments.

Commenting on the appointment Ravi Vasantraj, Head – BFSI, Mahindra Satyam said, “Niraj brings to the table rich experience in the Banking and Financial Services vertical. His expertise will help the Mahindra Group to scale-up the operations and establish ourselves as a leader in BFSI space, as we foster innovation and deliver service excellence to our customers.”

Niraj Vedwa, Global Head - Banking, Payments and Cards, Mahindra Satyam said “I’m proud to be part of Mahindra Satyam at the time when it is at the threshold of becoming a global leader in the BFSI Services space. It will be my key focus area to develop innovative services offerings, acquire new customers and grow existing relationships.”

Niraj, before joining Mahindra Satyam was with Temenos AG Switzerland, the Global Leader in Core Banking and Private Banking products, where he was the Director - Global Consumer Banking and Member of Management Board. Prior to Temenos, he was the Chief Operating Officer of Nucleus Software where he ran the company and 6 subsidiaries with P&L responsibilities.

Niraj is settled in India with his family and is a keen golfer & adventure sports enthusiast.


Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences, enabling Enterprises, Associates and the Society to Rise™. We are a USD 4.9 billion company with 131,500+ professionals across 90 countries, helping 946 global customers including Fortune 500 companies. Our convergent, digital, design experiences, innovation platforms and reusable assets connect across a number of technologies to deliver tangible business value and experiences to our stakeholders. Tech Mahindra is the highest ranked Non-U.S. company in the Forbes Global Digital 100 list (2018) and in the Forbes Fab 50 companies in Asia (2018).

The Mahindra Group is a USD 20.7 billion federation of companies that enables people to rise through innovative mobility solutions, driving rural prosperity, enhancing urban living, nurturing new businesses and fostering communities. It enjoys a leadership position in utility vehicles, information technology, financial services and vacation ownership in India and is the world’s largest tractor company, by volume. It also enjoys a strong presence in agribusiness, aerospace, commercial vehicles, components, defense, logistics, real estate, renewable energy, speedboats and steel, amongst other businesses. Headquartered in India, Mahindra employs over 2,40,000 people across 100 countries.

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